By Marco Hague 08/06/10 - 12:32 PM EDT Weak non-farm payroll numbers slashed equity values and allowed institutions to test the safety of the USD as forex ...See all stories on this topic »
Dollar Under Pressure From Weak Jobs Report
Source: www.thestreet.com
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FOREX-Euro up vs dlr in choppy trade; ECB, BoE in focus
By Nick Olivari NEW YORK, June 4 (Reuters) - The euro swung between gains and losses but was trading up slightly against the dollar in choppy trade on ... See all stories on this...
Good News for Hedge Funds in May
Finally, hedge funds had a good month! According to Eurekahedge reports, May is the “best month in nine years.” The Singapore-based data provider’s Eurekahedge showed that Hedge Fund Index rose 5.2% last month, based on preliminary figures, its best since February of 2000. The index is now...
Price action taking its toll
Lots of grumbling out there from both the professional and individual trader community today as prices rally and reverse and then slide and reverse. After lots of to and fro but not much new from a fundamental perspective to cling to. The main headlines today (Russia and Brazil cozying up to the...
Analyst Moves: CA, AAPL
CA (CA) today had its estimates and price target raised by Credit Suisse (CS) to $24, as the company has been experiencing higher realized margins....
Shorts cover as AUDUSD pops thru 81c
The market has been once again surprised with the economic data released showing only 1700 jobs were shed in May. Market has been caught short, with many expecting a bad number. Yesterday commodity buying and a strong consumer confidence number helped AUD higher. Today the Employment figures will...